LogoLogo
  • General
    • 👋Welcome to Kinto
    • 📔Terminology
    • 📃Litepaper
    • 📄One Pager
    • 🔗Links
    • 🤝Partners and Collaborators
    • ❓FAQ
  • User Guides
    • 🌟Sign Up Walkthrough
    • 🗝️KYC Walkthrough
      • 🔑Synaps Walkthrough
      • 🔑Plaid Walkthrough
    • 📄KYB Walkthrough
    • 🪟Passkeys on Windows Walkthrough
    • Setting up a 1Password Passkey
    • ❔Troubleshooting/Help
    • 💰Kinto Deposits
      • Onramp on Kinto
    • 💸Kinto Withdrawals
      • 🗝️Recover funds from my Passkey address
      • 🎁Wrapping ETH in your Kinto Wallet
      • Offramp on Kinto
    • Swap on Kinto
    • Lending & Borrowing
    • Hyperliquid
      • Fees
      • Deposits
      • Creating Orders
      • Closing an Order
      • Withdrawals
    • Send to other Kinto Wallets
    • Token Sale Participation
    • Full Account Recovery
    • $K Transfer
      • Withdraw $K
      • Send $K on Kinto
      • Deposit $K
      • Swap $K on Kinto
    • Recover Funds from an X Signer
    • $K Lend and Borrow Market
      • Supply USDC to $K Lending Market
      • Withdraw USDC from $K Lending Market
      • Add $K and Borrow USDC
      • Repay USDC and Withdraw $K
  • Security/KYC/AML
    • 🔑Securing Kinto
    • 📃Security One Pager
    • 🔐Security and Risk Management
    • 🛡️Wallet Insurance
    • ⚙️User Owned KYC
    • 🏳️Enabled Countries
    • 🔒Beware of Scams
    • ✅Kinto Validators
    • 🤺Security Council
  • Building on Kinto
    • ℹ️Network Information
    • 🧱Kinto Rollup Architecture
    • ❕Differences with other rollups
    • 🤖Rollup Features
      • ⚙️Create2
      • 🔥Kinto Account Abstraction
      • 🛡️KintoWallet
      • 🪢Musubi - Chain Abstraction
    • 💻Development guide
      • 1️⃣1️⃣ Setup your Deployer EOA
      • 2️⃣2️⃣ Environment setup
      • 3️⃣3️⃣ Creating your Kinto App
    • ⛩️Interacting with your Kinto App
      • 🤖Interacting with contracts
      • 👩‍🏭Create a Web Dapp
    • 📗Smart Contract Reference
      • KintoAppRegistry
      • KintoID
      • KintoWalletFactory
      • Kinto Wallet
      • SponsorPaymaster
      • Kinto EntryPoint
      • KYCViewer
      • Faucet
      • EngenCredits
      • EngenGovernance
    • 🌍Kinto Wallet Web SDK
    • 🏪Running kinto nodes
    • ⚒️Tools
      • ⛈️Node RPC
      • 🏗️Build Tools
      • 🗺️Block Explorer
      • 🐞Debugging and monitoring
      • 🔮Oracle - Pyth
      • Firewall - Venn
    • 🚀ICO Platform
  • Governance
    • 🧠Introduction to the Kinto DAO
    • 📓Kinto Constitution
    • 📃KIP Proposal Template
    • 🌄Engen Proto-Governance
    • ⛩️Kinto Token
      • Information, addresses and links
  • 💧Liquidity Programs
    • 🛠️Mining Program
    • ⚫Engen - Launch Program
    • 🪙K Token Sale
  • Sakura Mining Season
Powered by GitBook
On this page
  1. Security/KYC/AML

Wallet Insurance

PreviousSecurity and Risk ManagementNextUser Owned KYC

Last updated 1 month ago

TLDR

  • Kinto becomes the first L2 to offer native wallet insurance.

  • We have partnered with to offer this policy to all Kinto users with over $250 in assets.

  • Users get $2,500 default coverage protection against smart contract hacks and cyber-attacks.

  • Kinto users can increase their coverage by purchasing additional coverage.

Today, we are excited to take our commitment to security one step further. Kinto is now the first blockchain network to offer wallet protection against smart contract hacks and cyber-attacks to our users.

🛡Security is not a choice

Kinto has the potential to improve our current financial system substantially. Thanks to the unique characteristics of blockchain networks, we can unlock benefits such as instant settlement, 24/7 access, increased efficiency, and reduced fees through disintermediation.

Kinto was created as a haven for users to protect them from these traumatic events. Being inside Ethereum allows us to offer the best digital and RWA products from the ecosystem while having our L2, which enables us to customize it and deliver a 10x improvement in security.

🤝 Breach — Insurance for the Digital Era

We are delighted to partner with Breach Insurance, a Bermuda IIGB insurer, to offer Kinto wallet coverage against thefts and hacks. Breach Insurance provides and administers the Kinto wallet coverage.

This document explains the terms and conditions of this coverage to help you understand your benefits and responsibilities as a Kinto user.

🛡 Wallet Protection

As a Kinto user, you can now check your wallet protection directly on your account page. You are automatically covered under the policy if you have more than $250 in assets in your Kinto Wallet.

You can upgrade your wallet's coverage by clicking on the button above. Extended coverage lasts one year, and two additional premium tiers are available.

Kinto users can use K tokens to increase coverage, giving them an exclusive ability to maximize their security. Purchasing wallet coverage is the first $K token mechanic.

In case of a claim, Kinto ID holders will file a claim through claims@breachinsured.com. This process will take place between the claimant and Breach Insurance directly.

Kinto has been designed from the ground up to provide safe access to the on-chain financial system. We created an L2 from scratch to have native sybil resistance via and mandatory .

However, users and investors will not care about these benefits if they get hacked, rugged, or phished repeatedly. More than alone.

We wrote a detailing the security practices that make Kinto the safety-first L2. Thanks to these protective security layers, we can go one step further and offer insurance through our partnership with .

is a leading underwriter in the digital asset space. It is licensed and fully regulated and offers a suite of products for institutional and retail users. The team behind Breach has decades of experience in the underwriting industry, having worked at Allied World, Liberty Mutual, and Uber, among others.

Head to to verify your coverage.

Wallet Coverage Tiers
🛡️
user-owned KYC
smart contract wallets through account abstraction
$30B was lost in 2022
blog post
Breach
Breach
https://engen.kinto.xyz/account
Breach